My First Million

The 2025 Milly Awards!

250 snips
Dec 18, 2025
In this lively discussion, Steph Smith, a product and trends writer known for her data-driven insights, joins hosts Sam Parr and Shaan Puri to celebrate the 2025 Milly Awards. They dive into captivating topics such as the best and worst investments of the year, including Steph's brave decision to take Accutane for her confidence. The trio also share hilarious personal mishaps and memorable moments, from gorilla trekking to life-changing encounters with inspiring figures like Jesse Itzler and Will Guidara, rounding off with intriguing takes on parenting and social habits.
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ADVICE

Batch Long-Term Bets

  • Shaan bought a diversified basket of long-term bets in one day and held them for ten years as his default horizon.
  • Do consider batching thoughtful long-term purchases instead of constant trading if you want multi-year compounding.
ANECDOTE

Move For Emotional Returns

  • Sam moved to New York, bought a furnished apartment by negotiating to buy tenants' furniture at 10% of its value.
  • He sold cars, owns less, and credits the move with a major emotional payoff and daily family proximity.
ADVICE

Consider Medical Options For Acne

  • Steph recommends consulting a doctor, then trying Accutane for persistent acne after years of struggle.
  • Do evaluate medical treatments seriously; her six-month course cleared her skin and changed her confidence.
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